SpaceX Falls Below $135 IPO Price for First Time Since June Listing, Down 1.8% on July 15

SPCX-0.95%
SpaceX stock fell below its $135 initial public offering price for the first time on Wednesday, July 15, marking the fourth consecutive trading day of decline. The shares traded at $133.63 intraday, down 1.8% as investors reassess valuations of the rocket manufacturer following its record $86 billion IPO in June.
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